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An acceleration clause: A. Allows the borrower to pay the loan off early. B. Allows the borrower to reduce the principal balance at a faster
An acceleration clause:
A. Allows the borrower to pay the loan off early.
B. Allows the borrower to reduce the principal balance at a faster rate.
C. Allows the borrower to make subsequent draw-downs of the agreed upon principal.
D. Allows the lender to make the full outstanding balance due immediately.
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